FMG 3.22% $17.82 fortescue ltd

FMG Technical Analysis, page-4063

  1. 5,696 Posts.
    lightbulb Created with Sketch. 241
    Almost got to the gap at $9.00. I wouldn't be trying to catch a falling knife just yet. I'd be waiting for a bottom. "Patience young grasshopper is the key with FMG" Sp just had to fall back on that MFI. Accumulation/Distribution indicator was bullish has crossed today into bearish territory.


    Also the candlestick analysis got it right again

    https://hotcopper.com.au/data/attachments/1821/1821080-9a594cb3cba3021643eeab7336057aeb.jpg


    My indicators saving and making me money at the moment.
 
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